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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The changes in the carrying value of goodwill are detailed below by segment:
Oilfield ServicesOilfield EquipmentTurbo-machinery & Process SolutionsDigital SolutionsTotal
Balance at December 31, 2018, gross$15,382 $4,177 $2,186 $2,432 $24,177 
Accumulated impairment at December 31, 2018(2,633)(867)— (254)(3,754)
Balance at December 31, 201812,749 3,310 2,186 2,178 20,423 
Currency exchange and others
— (15)(21)(27)
Balance at December 31, 201912,749 3,319 2,171 2,157 20,396 
Impairment(11,428)(3,289)— — (14,717)
Currency exchange and others
(20)(24)63 41 60 
Balance at December 31, 2020$1,301 $$2,234 $2,198 $5,739 
Schedule of finite-lived intangible assets
Intangible assets are comprised of the following at December 31:
20202019
Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Customer relationships$2,261 $(916)$1,345 $3,027 $(1,045)$1,982 
Technology1,127 (696)431 1,075 (626)$449 
Trade names and trademarks326 (181)145 696 (254)442 
Capitalized software1,294 (1,041)253 1,193 (928)265 
Other— — — (2)
Finite-lived intangible assets (1)
5,008 (2,834)2,174 5,994 (2,855)3,139 
Indefinite-lived intangible assets2,223 — 2,223 2,242 — 2,242 
Total intangible assets$7,231 $(2,834)$4,397 $8,236 $(2,855)$5,381 
(1)For the year ended December 31, 2020, we recorded intangible asset impairments to customer relationships of $481 million, technology of $8 million, trade names and trademarks of $237 million, and capitalized software of $3 million. See "Note 18. Restructuring, Impairment and Other" for further discussion.
Schedule of indefinite-lived intangible assets
Intangible assets are comprised of the following at December 31:
20202019
Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Customer relationships$2,261 $(916)$1,345 $3,027 $(1,045)$1,982 
Technology1,127 (696)431 1,075 (626)$449 
Trade names and trademarks326 (181)145 696 (254)442 
Capitalized software1,294 (1,041)253 1,193 (928)265 
Other— — — (2)
Finite-lived intangible assets (1)
5,008 (2,834)2,174 5,994 (2,855)3,139 
Indefinite-lived intangible assets2,223 — 2,223 2,242 — 2,242 
Total intangible assets$7,231 $(2,834)$4,397 $8,236 $(2,855)$5,381 
(1)For the year ended December 31, 2020, we recorded intangible asset impairments to customer relationships of $481 million, technology of $8 million, trade names and trademarks of $237 million, and capitalized software of $3 million. See "Note 18. Restructuring, Impairment and Other" for further discussion.
Schedule of finite-lived intangible assets, future amortization expense Estimated amortization expense for each of the subsequent five fiscal years is expected to be as follows:
YearEstimated Amortization Expense
2021$255 
2022214 
2023200 
2024182 
2025142